Kotak Small Cap Fund Direct-Growth

Q: What are the returns of Kotak Small Cap Fund?

The Kotak Small Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 20.44% since inception. Kotak Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 1.35% 21.06% 33.61% 19.05% 20.44%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹315.892-0.13% 1 day change	20.44% p.a.	#NA View Ranked Funds	₹17,329 Cr

Historical NAV & returns

NAV: ₹315.892 as on Jul 21, 2025

This fund Category average

Kotak Small Cap Fund overview

Expense ratio	0.55% as on May 31, 2025
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
AUM (Fund size)	₹17,329 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	1.85%	2.66%
3 Months	10.56%	11.58%
6 Months	6.99%	9.49%
1 Year	1.35%	5.96%
2 Years	20.96%	24.35%
3 Years	21.06%	25.4%
4 Years	17.8%	20.67%
5 Years	33.61%	34.69%
7 Years	22.16%	21.09%
10 Years	19.05%	18.46%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 4.83%

Mid Cap 16.38%

Small Cap 73.48%

Other Cap 0%

Top holdings

Aster DM Healthcare Ltd.3.79%

Krishna Institute of Medical Sciences Ltd3.34%

Techno Electric & Engineering Company Ltd.3.0%

Century Plyboards (India) Ltd.2.97%

Top sectors

Healthcare 20.61%

Capital Goods 13.55%

Consumer Discretionary 9.34%

Services 8.66%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 5.34%

Rights 0.08%

Other Holdings

Others 5.34%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Small Cap Fund	N.A.	17,329 Cr	12 yrs 6 m	0.55%
Nippon India Small Cap Fund	N.A.	58,029 Cr	12 yrs 6 m	0.65%
Tata Small Cap Fund	N.A.	10,529 Cr	6 yrs 9 m	0.34%
Quant Small Cap Fund	N.A.	28,205 Cr	12 yrs 6 m	0.66%
Bandhan Small Cap Fund	N.A.	11,744 Cr	5 yrs 5 m	0.39%
Invesco India Smallcap Fund	N.A.	6,823 Cr	6 yrs 9 m	0.44%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Small Cap Fund	1.85%	6.99%	1.35%	21.06%	33.61%	19.05%
Nippon India Small Cap Fund	1.98%	8.68%	1.75%	28.51%	38.29%	22.32%
Tata Small Cap Fund	4.21%	9.01%	7.7%	28.45%	35.6%	16.74%
Quant Small Cap Fund	1.94%	7.75%	-1.88%	30.16%	43.87%	20.84%
Bandhan Small Cap Fund	3.22%	12.25%	15.09%	35.08%	37.8%	18.06%
Invesco India Smallcap Fund	2.59%	11.81%	14.53%	31.09%	35.24%	16.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Small Cap Fund	16.82	0.84	0.97	1.35
Nippon India Small Cap Fund	16.63	0.85	1.37	1.82
Tata Small Cap Fund	16.18	0.8	1.3	1.72
Quant Small Cap Fund	17.41	0.86	1.38	2.04
Bandhan Small Cap Fund	17.83	0.9	1.53	2.31
Invesco India Smallcap Fund	16.35	0.81	1.5	1.77

View all Small Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-2.25 vs. 7.0 Underperformed at beating benchmark
Sharpe	0.97 vs. 8.52 Poor risk-adjusted returns
Beta	0.84 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	16.82 vs. 12.87 More volatile performance

Compare Kotak Small Cap Fund in detail with

About this fund

About Kotak Small Cap Fund

Kotak Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Kotak Small Cap Fund Direct-Growth has ₹17,329 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Small Cap Fund Direct-Growth as of 21/07/2025 is ₹315.89. The fund has an expense ratio of 0.55%, which is close to what most other Small Cap funds charge.

Kotak Small Cap Fund Direct-Growth returns of last 1-year are 2.14%. Since launch, it has delivered 20.46% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Kotak Small Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Healthcare, Capital Goods, Consumer Discretionary, Services, Materials sectors. It has taken less exposure in Healthcare, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Aster DM Healthcare Ltd., Krishna Institute of Medical Sciences Ltd, Techno Electric & Engineering Company Ltd., Century Plyboards (India) Ltd., Cyient Ltd..

...

Fund AUM	17,329 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Harish Bihani

Mr. Bihani has done MBA in Finance Prior to joining Kotak Mutual Fund, he has worked with ICICI Prudential Mutual Fund, SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.

Investment objective

The scheme seeks to generate capital appreciation from a diversified portfolio of equity and equity related securities by investing predominantly in small cap companies.

Kotak Mahindra Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	5,26,213 Cr as on Jun 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,402 Cr	-3.39%	33.54%
Kotak Midcap Fund	N.A.	53,464 Cr	7.85%	31.4%
Kotak Pioneer Fund	N.A.	2,807 Cr	10.22%	27.04%
Kotak Contra Fund	N.A.	4,283 Cr	2.75%	26.01%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	3.65%	24.65%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Small Cap Fund?

The current Net Asset Value (NAV) of the Kotak Small Cap Fund - Direct Growth plan is approximately ₹315.892 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Kotak Small Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 20.44% since inception.

Kotak Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
1.35%	21.06%	33.61%	19.05%	20.44%

How much does this mutual fund charge as expense ratio?

The Kotak Small Cap Fund - Direct Growth has an expense ratio of 0.55%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 17,329 Cr as on May 31, 2025.

What are the top stock holdings of Kotak Small Cap Fund?

The Kotak Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Aster DM Healthcare Ltd.	3.79%
Krishna Institute of Medical Sciences Ltd	3.34%
Techno Electric & Engineering Company Ltd.	3.0%
Century Plyboards (India) Ltd.	2.97%
Cyient Ltd.	2.78%
Vijaya Diagnostic Centre Ltd.	2.64%
Brigade Enterprises Ltd.	2.6%
Garware Technical Fibres Ltd.	2.32%
Sansera Engineering Ltd.	2.21%
Ratnamani Metals & Tubes Ltd.	2.18%

What are the top sectors Kotak Small Cap Fund has invested in?

The Kotak Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Healthcare	20.61%
Capital Goods	13.55%
Consumer Discretionary	9.34%
Services	8.66%
Materials	7.210000000000001%
Metals & Mining	5.610000000000001%
Construction	5.5200000000000005%
Automobile	4.85%
Financial	4.1%
Chemicals	3.9199999999999995%

What is risk level of Kotak Small Cap Fund?

This is a Small Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Small Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Small Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Small Cap Fund is complete.

How can I redeem my investments in Kotak Small Cap Fund?

Redeeming your investments in Kotak Small Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the 2nd oldest Small Cap fund.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days